Artificial intelligence

OpenAI To Announce ChatGPT Product Update

The manufacturer of ChatGPT, OpenAI, plans to announce today that it will unveil updates to its flagship chatbot, calling it its most advanced AI model, GPT-4, which “feels like magic.” 

TakeAway Points:

  • OpenAI intends to make an announcement today about the release of improvements to its flagship chatbot, GPT-4, describing it as its most sophisticated AI model that “feels like magic.” 
  • However, a source familiar with the situation claims that the corporation chose to postpone the announcement of the search tool.
  • Meanwhile, Sam Altman said, “Not gpt-5, not a search engine, but we have been hard at work on some new items we hope people will appreciate! I find it to be magical.”

OpenAI to Update its Flagship Chatbot

The company also announced on X on Friday that it will host a livestream conference on Monday at 10am PT (1700 GMT) to “demo some updates to ChatGPT and GPT-4.”

Last week, Reuters reported, citing sources, that the Microsoft (MSFT.O)-backed startup was planning an announcement of an AI-powered search product on Monday, one day ahead of Google’s I/O developers conference.

However, a source familiar with the situation claims that the corporation chose to postpone the announcement of the search tool.

“Not gpt-5, not a search engine, but we have been hard at work on some new items we hope people will appreciate! I find it to be magical.” said CEO Sam Altman in a post on X on Friday.

With its flagship chatbot, ChatGPT, which stunned the world with its capacity to generate human-like written content and excellent software, OpenAI is under pressure to grow the chatbot’s user base.

OpenAI ChatGPT as the Fastest App

ChatGPT was dubbed the fastest app to ever surpass 100 million monthly active users shortly after its launch in late 2022. However, according to analytics company Similarweb, global traffic to ChatGPT’s website has been fluctuating over the past year and is only now reaching its May 2023 peak.

Industry experts have stated that adding search engine-like functionality to ChatGPT—namely, the capacity to retrieve current, reliable web information—is a logical next step, and something that the current version of ChatGPT finds difficult to accomplish.

OpenAI to Compete with Google

According to the report, this would also place OpenAI in direct competition with well-funded startup Perplexity, which has gained traction by offering an AI-native search interface that displays citations in results and images in addition to text in its responses, and Google, which has announced generative AI features for its own namesake search engine.

Integrating real-time data has proven to be a challenging endeavour. ChatGPT plugins, a previous attempt to incorporate current and real-world data into ChatGPT, were abandoned in April, as per a help centre article on OpenAI’s website.

About

The artificial intelligence (AI) research organisation OpenAI launched ChatGPT, a free chatbot, in November 2022. The artificial intelligence model can hold conversations. It is a chatbot, similar to the automated chat rooms on certain businesses’ customer support websites.

The tech research firm OpenAI, which claims to be committed to making sure “that artificial general intelligence benefits all of humanity,” built it.

 “Generative Pre-training Transformer” is what the “GPT” in ChatGPT stands for, and it describes how ChatGPT handles language. Eliot, Lance B., via SSRN. “AI in the Law: Generative Pre-Trained Transformers (GPT-3)”

According to several specialists in artificial intelligence, ChatGPT has the potential to completely change how people engage with chatbots as well as AI in general.

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